Jack Ma, co-founder and chairman of Alibaba Group, retired from the company: Alibaba Group Chairman Jack Ma has taken retirement from the company. Jack Ma, co-founder and chief of this Chinese e-commerce company, has said goodbye to the company on his birthday. Today is his 55th birthday on 10 September. Jack Ma, who became Asia’s richest man from a teacher, is going back to the teaching profession again. Significantly, Jack Ma, who graduated in English from Hangzhou Teachers College, started his career as a teacher in a university here.
Jack Ma is handing over the reins of his company to Daniel Zhang. Daniel Zhang is currently CEO of the company. Jack Ma’s retirement is also debating whether the Alibaba Group will continue without him or will there be changes.
Looking at Jack’s mother’s life, it has been very inspiring. Born in a poor family, Jack Ma’s story is a big success story in itself. He was born in a very ordinary family. His father is said to have spent the family in a retirement allowance of just $ 40 a month. His parents were less educated. He started his career as a teacher.
His journey to become the richest person in Asia is full of struggles. He had also applied for a job in KFC, but could not find a job there. Not only this, He was refused employment by about 30 companies.
Jack Ma then made his mark as a businessman. He laid the foundation of Alibaba Company on 21 February 1999. He persuaded 17 of his friends for this. Although the company faced difficulties in the initial times, but later its company grew quite rapidly.
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